Downtown Crossing/Financial District | Discussion

Those seedy pictures remind you how far this area has come in only about 30 years. I'd say those are rapid changes for an entire city area.
 
sm89 said:
The last renovation 'hacked' it?!? Did you remember what it looked like before the Registry moved in? A dump!
4194625549_60217eacb7.jpg
Click to expand...

The building was beautiful. It was just in bad repair.
 
Bergeron37 said:
I'm confused, the building is just being sold. It was gut renovated and converted to luxury apartments a few years back so unless someone is going to come in and buy for $40M only to completely renovate it - it will stay as housing.
Click to expand...

yeah, I mean, I don't even see a modernize and convert to condos as a possibility. This will just go into an investment portfolio as is, likely of a large REIT.
 
Suffolk 83 said:
Those seedy pictures remind you how far this area has come in only about 30 years. I'd say those are rapid changes for an entire city area.
Click to expand...

One blandly bureacratic measure of said rapid change, that I've been quoted (not sure how to verify but sounds about right) is that the Combat Zone had 35 licensed strip clubs in the early 1980s... and of course there are now just 2 today (or 1? I never understood if Centerfolds & Glass Slipper were truly separately licensed entities, or just different brandings of the same licensee?)
 
DBM said:
One blandly bureacratic measure of said rapid change, that I've been quoted (not sure how to verify but sounds about right) is that the Combat Zone had 35 licensed strip clubs in the early 1980s... and of course there are now just 2 today (or 1? I never understood if Centerfolds & Glass Slipper were truly separately licensed entities, or just different brandings of the same licensee?)
Click to expand...

I've never actually been in either, but knowing former employees I can say they're separate.
 
dwash59 said:
yeah, I mean, I don't even see a modernize and convert to condos as a possibility. This will just go into an investment portfolio as is, likely of a large REIT.
Click to expand...

I agree to a point but this most likely will not be bought by a REIT, too small for their portfolios and not a large enough $$ amount for them. This will probably be bought by some local company that already has or is looking to get a presence in downtown.
 
^^^
A friend tells me that they are getting rid of the awning in front of the building.
 
You must log in or register to reply here.

Back
Top